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Archive for Certificates of Deposit

High Rates at First Citizen Bank’s Certificates of Deposit

Saturday, September 29th, 2012

Any smart saver will know that interest rates make all the difference when it comes to saving your money. Not all of us are fond of risk which is why many of us choose to keep our money safe in a place that not only guarantees security, but also guarantees fixed returns. For those who want the best growth for their money but still with the assurance of security, one place to keep your hard earned cash will be at certificates of deposit. And where can you get a CD with great rates? One place would be First Citizen’s Bank.

First Citizen Bank was opened in 1898 with its headquarters in Raleigh, NC. The bank offers and provides complete financial services and products that do no only include certificate of deposits but also personal and business banking, insurance and investment services. First Citizen Bank is also one of the biggest controlled banks in the United States making them stand-out among other famous banking institutions. Since it is the biggest, it operates on more than 430 branches nationwide.

Certificate of Deposits

The rates they have right now are of the latest in the market which a lot of people who are interested can surely take advantage of. One choice for those who want to put their money on a CD is the 12 month term with an interest rate and an annual percentage yield or APY of 0.15%. Next is the 24 month CD with a rate and APY of 0.25%. And the last is the 36 month CD with an annual percentage yield and rate of 0.45%. The minimum amount to open a certificate of deposit account is $500 which will mean that almost anybody can simply open one. For those who are planning to do so, they should certainly do it now.

Thinking of a better way to save money? If your answer is a big yes then a solution you can take opening a certificate of deposit account. People today are extra cautious when it comes to providing for themselves in the future and most of the time 401k’s and Roth IRA’s may not be enough to give you a comfortable retirement. For those who are serious about saving for the future, then a certificate of deposit shouldn’t be left out from your portfolio. Looking for a good CD account? Then Bankers Trust may be able to help.

Bankers Trust Commitment

Bankers Trust was established as far back as 1917 with many branches nationwide. Its main and oldest branch is located in Iowa being the largest independently owned bank in the United States. Today, many people are availing of the services of this bank because of their commitment to the personal and business relationship. They provide quality services and operations that will satisfy the immediate needs of people in terms of their finances. One such example is their certificate of deposits that offer flexible and up to date rates.

Bankers Trust CDs

Certificates of deposit are a great option for people who want to keep their money in an investment account for a relatively long span of time. With Bankers Trust, the CDs have good benefits which include tiered interest rates as well as compounded annual interests. Account holders can automatically renew their accounts and terms once their account has reached maturity. The minimum opening balance is also affordable making it easy for the average Joe to get an account. People can open a certificate of deposit with Bankers Trust for a minimum of only $1000.  Plus all accounts are FDIC insured which keeps your cash very secured and safe.

Terms and Rates

As of today, the consumer rates and terms include the 60 month term with an interest rate and an annual percentage rate of 1.60%. There is also the 36 month term with an interest rate and APR of 1.25%. For those who want the shorter terms then they can pick the 17 month term with the rates of 1.00% and the last is the 5 month term with an APR and interest rate of 0.55%.

With these rates and benefits, people who will open a certificate of deposit account will for sure be very happy and contented with their future returns.

Opening a certificate of deposit is one of the safest and easiest ways to grow your money. Those who have extra cash at hand can be comfortable in the thought that their hard earned money is growing in interest without the risk of being lost. Certificate of deposits are offered by many banks and other financial institutions. People who are interested can immediately inquire the available terms and minimum deposits. In this way, it will be so much easier for them to open and start their CD investment.

One bank that people can go to is First Interstate Bank. This is a multi-state company that is worth $7.1 billion. Its main headquarters is located in Billings, Montana and has been evolving since the year 1968. First Interstate Bank strives to provide the best services through their high performance capacities and capabilities. The customers of this bank can surely attest to what the offers are in terms financial services and just like any other possible clients, those who want to have certificate of deposits should open here.

Certificate of Deposits

Investing in this kind of special saving is a good way to maximize one’s finances. Those who want to open certificate of deposits should start by choosing the right term. A minimum amount of $1,000 is required in opening an account for the CD terms of 3-60 months and for the 1-2 month term, the required minimum amount is $10,000. Those who will choose the term of seven months will have a rate of 0.40% as well as the annual percentage yield or the APY. For the 12 months term, the APY as well as the interest rate is 0.60%. Next is the 25 month certificate of deposit term with an APY and rate of 0.75%. And lastly is the 37 month term with rate and APY of 0.90%. These rates have been well updated by First Interstate Bank which will prove that they want their clients to be satisfied with the services they have especially in terms of certificates of deposits.

Guaranteed Certificate of Deposit Returns at 1st Source Bank

Wednesday, August 1st, 2012

Placing your money in the bank is one of the most common ways to save. But instead of using the regular savings account, consumers with extra cash can avail of higher interest through certificates of deposit. This is a better way to save since it assures a fixed interest plus youre sure that your money will be safe and secure. One financial institution you can go to is 1st Source Bank.

1st Source Bank is one of the oldest banks that provides certificates of deposits for its clients. It was founded in the year 1863. In terms of assets, they have around $4.49 billion and the bank itself operates in 17 countries with 75 banking centers. What they do best is personalize the needs of their clients and facilitate all their specialized programs in order for them to build wealth and solve their financial issues. This bank is consistently in the KBW Bank Honor Roll of Superior Performers and declared as one of the favorite banks in the nation.

Certificate of Deposit

With 1st Source Bank, certificate of deposits and other services are FDIC insured. People who are interested in opening CD accounts will be guaranteed great rates and returns. They have different available terms that will fit the needs of the people. The shortest term they have is the 7 day period with an annual percentage yield or APY of 0.03%. The minimum amount for this term is $25,000. For their 32 day period, the APY is 0.04% with a minimum of $2,500. Next is their 91 days with a minimum amount of $2,500 and an APY of 0.05%. For the longer terms such as the 182 day term, the APY is 0.10%. One year period will have an annual percentage yield of 0.20% and 0.40% APY for the two year CD term. All of the minimum deposit for the longer terms is just $500.

Do you want to save enough money and let it earn the right interest? Well, its likely the answer is yes. Who would not want to just set aside their money to find it increase in value without lifting a finger? For those who really want to save the right way then what they can do is open a certificate of deposit account. Almost all banks offer this kind of service because it’s useful to customerig who are looking for a safe place to invest their cash. They would want to be assured that what they put and save in the bank is secured and safe at the same time. To those who want the best bank then they can instantly choose Bank of America.

Bank of America is known all over the world because it is a stable bank backed by huge assets. People nationwide trust this bank fully since they can find the different financial services that they need. Some of the services and products they offer is not just about certificate of deposits but also includes loans, mortgages, credit cards, personal and company investments, insurances, rent, and many more. You name it, they definitely got it.

Features and Terms

For their certificate of deposit, the minimum amoutheta open is $1,000. The terms are customizable which means that the account holders will be able to choose different periods from 28 days which is the shortest to as long as ten years. In terms of rates, the interest rate for the 28-89 days is 0.25% with the same percentage of APY. For the 90- 179 days certificate of deposit, the interest rate and APY or annual percentage yield is 0.28%. On the other hand, an interest rate and APY of 0.30% is for the 6-11 months term while 0.35% is the APY and interest rate for the 12-17 months period. And the last is the 24-35 months term with an APY of 0.40% and an interest rate of 0.40%.

People today know the importance of maximizing their earnings especially now that the economy is experiencing downsides. Aside from earning more, a smart move would be to increase your savings through investments such as certificates of deposits. This is the most convenient means for people or individuals to save their own money especially when they will choose the longer terms. The longer the time of the deposit, the higher the interest will be, making your savings increase through time. Now the question is, where can avail of the right CD with good rates?

Almost all financial companies offer certificate of deposit accounts but the company that offers some of the best rates is Ally Bank. Ally Bank has been a reliable banking partner to many especially with their competitive CD rates. But what makes their certificate of deposits or CDs different?

One thing about their CDs is that when individuals fund their account within ten days which includes the opening date, they will get the biggest or largest rates during the chosen term. They call this the Ally Ten Day Best Rate Guarantee. No other bank or financial institution offer this kind of service. Another reason why they have the best is that they have the compounding interest daily which will make the savings grow faster. And lastly, they don’t have a minimum deposit for one to open an account. This will then make it very easy for interested individuals to have a CD account.

For their fixed CD rate, there will be no monthly fees or maintenance fees. Account holders will be able to check their account anytime because of Ally Bank’s mobile banking service. All accounts are also FDIC insured which will definitely make the account owners feel safe and secured. In terms of their current rates, the latest which was last updated on July 17, 2012 are the following. Those who will choose the 3 months term will have an interest rate and an APY of 0.34%. For the six months term, the APY and interest rate is 0.74%. While for the 12 month term, the APY is 1.02% with an interest rate of 1.01%. And the last is the three years term which has an interest rate of 1.29% with an APY of 1.30%.

Special Online Certificates of Deposits at Virtual Bank

Thursday, July 5th, 2012

For a lot of people, opening certificates of deposits is their means of saving. This type of investment is relatively secure, and can offer more in terms of interest than the usual savings account. Saving enough is equivalent to security especially now that everything has become expensive and retirement plans may not be enough to cover future expenses. There are a lot of people who are tight with their budgets and one solution for future financial security is by opening certificates of deposit.

A bank that offers good rates in terms of their certificate of deposits is Virtual Bank. This bank or company has been providing many quality banking and financial services. They also offer convenience with hassle free online banking. One of the easiest processes they offer is the eCD accounts or the online certificate of deposit.

The features of their certificates of deposits are quite advantageous for those who want to open an account. All of their eCD are FDIC insured which is a very important factor to consider. The online certificates of deposits are paperless accounts. This means that necessary statements, notices, and disclosures are all provided online. In terms of rates which are the reason why people would open CDs’ are also quite competitive. For their one month to two months CD term, the interest rate is 0.25% with an APY of 0.25% while an interest rate of 0.70% and an APY of 0.70% for the six month term. All their terms should have a minimum deposit of $10,000. On the other hand, those who want longer periods such as for the 12 month term to 2 year term, the interest rates are 0.90% with an APY of 0.90% as well. The interest rate they have for the 3 year term is 1.30% with an APY of 1.31%. The last term that people can choose when they want to open a certificate of deposit account is the 5 year term with an APY or annual percentage yield of 1.51% and the interest rate is 1.50%.

For those who are looking for convenience when it comes to saving, Virtual Bank can give it all to you with just a click of the mouse. Save more with less hassle with their eCD.

Save More With AIG Bank’s Certificates of Deposit

Friday, May 18th, 2012

The importance of saving for the future just can’t be stressed enough. And today people are financially savvy enough to realize that regular savings accounts just aren’t enough to make their money grow. And that’s where certificates of deposits come in. This gives people bigger growth in terms of interest, while still keeping their money safe. When the right time comes to withdraw it, your money will definitely increase in value.

One of the banks that people can go for competitive CD rates is AIG Bank. Its mission and goal is to make it easier for their customers or clients to grow and increase their savings. The bank is FDIC insured giving people an assurance that their money is safe for as much as $250,000.

Opening a Certificate of Deposit

Getting a certificate of deposit at AIG Bank will assure you of high yield earnings. Many people are opening their accounts here because they know that their rates are higher compared to other financial institutions. For those who are interested, they can choose among these rates and its terms.

The six month period has an interest rate of 0.50% with an APY of 0.50%. This is much higher compared to the national rate which is only 0.33%. For those who will be choosing the 12-month term, a guaranteed 0.88% APY is offered. On the other hand for the two year period, an interest rate of 1.04% and an APY of 1.05%. In cases where individuals would want a longer term, they are given the choice of the 5 year or the 60 month term. The interest rate for this term is 1.59% with an APY of 1.60%. Obviously, these rates are very competitive and those who want to have savings for the future should lean on AIG Bank.

Certificates of deposits are a great way to save for the future. After all, you just have to place money in the bank, wait for maturity, and reap the rewards of the added interest. As we all know, saving money should be done by any person especially those who have families to look after. For those people who have plans of getting certificates of deposits, it maybe advantageous to get one at Ally Financial Inc.

About Ally Financial Inc.

This financial incorporation was established in the year 1919 and was then known as General Motors Acceptance Corporation or the GMAC. Ally Financial Inc. at first only provided financing services to those who had automotive financial problems but since then they expanded to other services such as direct banking, insurance, mortgages, and other financial issues. This shift made the company more well known especially to those who needed financial services from a trusted source.

Certificates of Deposits with a Higher Yield

So what make’s Ally’s CD a cut above the rest? First of all, their certificate of deposit doesn’t demand a minimum deposit. This is a great option for those who are looking to get good rates but who are on a tight budget. Aside from that, there are no monthly maintenance fees to worry about. And you can be insured that your money is FDIC Insured. Aside from these wonderful benefits, there are also the great rates to consider.

CD Rates and Terms

For those who will have a term of three months, the interest rate is 0.39% with an APY of 0.39%. The nine months terms will have an interest rate and an APY of 0.74%. While for the 12 months term, it’s APY and interest rates are 1.03%. And with the five year term, the interest rate is 1.68% and an APY or 1.69%. These APY and interest rates are much higher compared to other banks.

On the basis of average rates compared to other financial corporations, the Ally Financial Inc. certificates of deposits are higher. The average of Ally is 1.04% while Bank of America has only 0.35% and 0.50% for the ING Direct. It is then a very good choice for one to open a CD account in the Ally Financial Inc.

Ally Bank Offers No Penalty CD!

Monday, July 4th, 2011

Certificates of deposits are a great place to park your money while waiting for the next investment to come. The only problem is, when the opportunity does come, you find your money stuck within the term and the only way you can get it out is by paying a penalty that might be worth all your earned interest.

If this has proved to be a problem for you before, then rejoice! rejoice! Because Ally Bank has found a way to clear away your troubles. The best CD by far, Ally Bank offers a certificate of deposit with no penalty charges for early withdrawals.

Get a fixed rate CD without having to worry about withdrawing early, because even if you take out your money before the specified term, Ally Bank won’t charge you a penny. Other great features to this offer is that you can open an account with no minimum balance required and no fees whatsoever. The rates are also competitive since you can get the best rate they offer with their Ally Ten Day Best Rate Guarantee. Plus, you get to have your money compounded daily, allowing your cash to grow as fast as it possibly can. Automatic renewals at maturity becomes a positive rather than a negative, since after all, there are no penalties to be made when the money is taken out early. Ally Bank is FDIC Insured to the possible maximum by law.

So, are you wondering what the fine print is? Well, I’m wondering the same thing, because there is none! This is possibly one of the best offers Ally Bank (or any bank for that matter) has made, offering the best rates, the best features, and the best conveniences we all look for in an investment.

Ally Bank has been around for 90 years, making it one of the most trusted banks in America. Ally Bank can be found in key locations in the US such as New York, New York, Salt Lake City, Utah, and Fort Washington, Pennsylvania. It has also gone global, with branches in Shanghai China, Toronto Canada, Sao Paulo Brazil, the United Kingdom and Germany.

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